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The AI chip trade cracked this week, and the hunt for what replaces it has begun
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thenextweb.com 1 min read
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The trade that defined the first half of 2026, buying anything with proximity to a GPU, broke apart in the holiday-shortened week before Independence Day. The PHLX Semiconductor Index, which had surged more than 80% in the first half, sank 6.3% on Wednesday and 5.4% on Thursday, a two-session decline of roughly 12%. While chip stocks […] This story continues at The Next Web
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